Torrance Memorial Medical Center

Torrance Memorial Medical Center

Torrance, CA, US
501(c)3
EIN
95-1644042
Hospital
Regional Funder

Torrance Memorial Medical Center

Torrance, CA, US
501(c)3
EIN
95-1644042
Hospital
Regional Funder

Overview

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Est.

1925

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Torrance Memorial Medical Center, identified by EIN 95-1644042, is a nonprofit organization dedicated to providing hospital care. With an operating budget of $886.8 million and total revenue of $932.7 million for the 2024 filing year, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.torrancememorial.org.

Mission Statement

SEE SCHEDULE O.
Revenues

$932.7M

Expenses

$887M

Net Income:
+$45.7M
Assets

$1.4B

Liabilities

$540.1M

Net Assets:
+$813.4M
Operating Budget

$886.8M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

7

Median grant size
$60K
Largest grant received
$20M
S
Susan Welch
Board Member
D
Donna Duperron
Board Member
T
Tracy Underwood
Board Member

Frequently Asked Questions

What is Torrance Memorial Medical Center’s budget?
In 2024, Torrance Memorial Medical Center reported an annual operating budget of around $886.8 million. More detailed financial information is available to registered users.
What causes does Torrance Memorial Medical Center support?
Torrance Memorial Medical Center supports work in Hospital care.
Where does Torrance Memorial Medical Center operate?
Torrance Memorial Medical Center is headquartered in Torrance, CA.
Who funded Torrance Memorial Medical Center recently?
In 2024, Torrance Memorial Medical Center received grants from Torrance Memorial Medical Center Health Care Foundation, CALIFORNIA COMMUNITY FOUNDATION, and Public Health Institute. More information on this organization’s funders is available to registered users.
What is the largest grant Torrance Memorial Medical Center received in 2024?
The largest grant to Torrance Memorial Medical Center in 2024 exceeds $20 million.
What is Torrance Memorial Medical Center’s reliance on government grants?
Torrance Memorial Medical Center relied on government grants for less than 5% of their total revenue in 2024.
Overview
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